Stripped-Down NDAA Proposed, Call-to-Action Continues

Senate Armed Services Committee Chairman Jim Inhofe (R-OK) Tuesday offered a "skinny" version of the fiscal year 2020 National Defense Authorization Act (NDAA) that does not include the provision that would treat big banks the same as local, not-for-profit credit unions when it comes to nominal leases on military bases.

Inhofe spoke on the floor ahead of introducing the alternative bill.

While the conference committee comprised continues to debate a final version of the bills passed by the House (H.R. 2500) and Senate (S.1790), Inhofe's proposal might be considered as an alternative if a compromise can't be reached on a larger package.

The NDAA Call-to-Action to protect defense-related credit unions continues.

Credit union professionals, volunteers and members are encouraged to visit the CUNA/League system’s Grassroots Action Center where they can easily email or Tweet their members of Congress to tell them to reject the Senate version’s Section 2821 and listing why it would be detrimental to credit unions, members and consumers.

New Jersey credit union advocates willing to go a step further are asked to reach out directly to the offices our state’s delegation members named to the conference committee:

CUNA and the state leagues wrote to House and Senate Armed Services Committee leaders and members in early August to urge the conference committee to reject Section 2821. The NJCUL has also been in contact with the state’s conferees and the issue came up during the Advocacy Appreciation Reception during the League’s convention last week. While the reception’s guest of honor Rep. Kim, an NDAA conferee, said he was unable to predict whether the provision would be included in the conference report, he did express his support for striking the provision from the final bill.     

CUNA and the state leagues successfully fought against inclusion of a similar provision in last year’s NDAA.